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tv   Mad Money  CNBC  February 22, 2012 6:00pm-7:00pm EST

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lots of interesting stuff. >> pete? >> i own mosaic. it's going up higher. stay with the trade. giddy up. >> by the way vivus up 92% in the after-hours session.afterho. "squawk on the street" back tomorrow. "mad money" up next. i'm jim cramer. welcome to my world. you need to get in the game! he's nuts, they're nuts, they know nothing. i like to say there is a bull market somewhere. "mad money, " you can't afford to miss it hey, i'm cramer. welcome to "mad money,." welcome to cramerica. other people want to make friends. my job isn't just to entertain, but coach you to deal with the mark. call me, 1-800-743-cnbc. i handed the guy 75 bucks at the pump and it wasn't enough, 7 short? i just paid exon more than i ever remember paying them any
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time in my life. people all over the nation are having that realization. that they paid more than they are used to. so far, by czizarrely, it didn' impact the stock market. dow down one point today 51 points. dough closing 51 points. s & p .3%. nasdaq, .52% and still on track for the best first two months since '91. still up. the $82 question, which is the price i had to pay to fill up my 2006 suv which i mistakenly called svu on "squawk on the street," is how the heck aren't we much lower in the stock market, given the darn gas prices? why hasn't gasoline, sell, sell, sell, led to a huge wave of selling? why haven't people stopped their spending the way they did when gas prices spiked in 2008, where
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the consumer got rocked and decided to skip olive garden and red lobster? there are two ways to answer this question. the first, it just hasn't hit us yet. the consumers only just feeling the pinch. and hasn't stopped spending this is what i call the wylie e. coyote principle. the consumer is over the cliff and doesn't realizes it yet. this is the yet answer, as in you just wait, we haven't seen or felt the pain yet. that that's about to happen. here is the end of the block, the cul-de-sac. now, it would be very easy for me to come out and feed you the yet version of the story. the economy does roll over because of higher gas prices, i will be hailed as a genius. and look so smart that my head will swell to an even bigger size. definitely won't fit me. but if the economy doesn't
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collapse, i can simply keep saying, you ain't seen nothing yet. and nobody will call me out on that fact, right? no one will say i'm wrong. the great thing about being a bear. such a great thing. i mean, consider this morning when i watched meredith whitney on "squawk box." whitney, if you aren't aware, called the bottom in the municipal bond market, but not in the way you want to call. she shouted from the rafter, rooftops, that there will be a huge slew of municipal defaults and scared hundreds of thousands of people into selling bonds. the impa the exact opposite happened. she created the greatest municipal bond buying opportunity of our life. she said you ain't seen nothing yet. at one point you have to see you ain't seen nothing yet, because there is nothing to seem the answer for permanent bears seems to be never. the safest answer i can give you is the whitney answer, the
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market is being incredibly stupid and we can't feel the impact yet. that would be easy for me and i get to wear the 12-gallon hat i'm going to have to get. i'm stuck with the reality. and the reality is if gasoline is killing us, the absolute wrong stocks go higher right now. make nike breaking out. $150 sneakers? i have $500 who would fay $500 for the engineer mijeremy lin s? do we need a north space coat? and anti stink pants at lulu lemon? you could do just fine in a pinch. but same with harley davidson. you could do without a new harley. how about this one, urban
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outfitters. ever been to one of their stores? you know you can skip all three if you are feeling crimped at the pump, expensive t-shirts, funny looking sunglasses. these aren't imperative if you don't have a lot of change left after filling up. and apple, iphone, ipad, not cheap either. let me give you five reasons why the exportion price at the you pump hasn't impacted us and it might not until gas goes procedure ya appreciably higher. all of the spending stocks are going up, and they should be going down. people betting against them are getting crushed. so far in 2012, markets have an unbelievable start, doesn't have the jive with the gasoline-induced slowdown that everyone tells she happening. first, the economy is really growing here and that means there is hiring going on. last time we had gasoline going up this high, we had housing
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crash and a credit crunch to deal with. a good economy gone bad. now bad going to good economy, and growth, and its attendant hiring can conquer almost anything. second this time around, interest rates so low, out of pocket debt expenses are appreciably lower than the last time we scaled the $4 a gallon gasoline wall. something that ben bernanke knew would reignite the company. third, gasoline isn't the only energy bill, and the heating bill is down huge from last year kurt courtesy of warmer weather and the total and complete collapse of natural gas, which isn't the way homes are heated, 63% of them. lots of companies are ready this time around for higher energy costs, much more than they were before. many actually do better when oil goes higher, and consider the ones we talk all the time. honeywell benefits greating, so does eaton, one of them in my
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charitable trust. all of these companies, you bring them to cob serve your power, cut your energy bill. buy new planes from boeing because they are fuel efficient. and buy new cars from gm, ford, and chrysler, because they are more gas efficient and we are more biased against higher oil prices, courtesy of the unacknowledged discoveries we have. how many people know where eagleford is. i talked to someone, and he's like, oh, yeah, northern pennsylvania. texas. bachus. anybody know where that is? north dakota. everyone knows prudhoe bay and these are both bigger. oil companies hiring hundreds of thousands of people to get crude out of tf of the ground. stock, like clean harbor or aog, continental resources, schlumberger, back to where it
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was in 2008. these are marching to the same oil tune. finally, the consumer herself. she ain't stupid, pretty much saw it coming. first time gas goes to 4 bucks, you freak out. second time, you aren't freaked out, but you aren't angry. you don't staytrade down to wal or dollar tree or per igo. those stocks are acting terribly. bottom line, i'm not saying just wait, paint at the pump hasn't happened yet, i'm saying we can adjust because things are better this time around and more prepared for an energy crisis. and if israel attacks iran, all bets are off. discretionary stocks go higher because business is getting better, and, yes, i'm an optimist and it can mask of pain of handing $75 to the guy at
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exon and finding out you're 7 bucks high. tom in ohio. >> tom. you're up. >> caller: booyah. today, existing home sales went up 4.3% month to morning would now be a good time to reinvest with usg? >> i would rather be in berkshire hathaway. you have a lot of stuff going for you and stock not doing anything, and right into the warren buffett letter. by the way, on "squawk box" on monday. probably good things happening there. if he is going to spend all morning on "squawk" and the letter coming out. maybe that's the better play. eric in new york. >> caller: big new york booyah. love your show. >> thank you. what's going on? >> my question about alcoa, symbol aa. i picked up the stock last week, when it went back on thursday. with the report released about a manufacturing slowdown in china and alcoa signing a joint
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venture with the chinese, how will this affect prices in general? and where is alcoa headed? >> oil prices still not going up, and very challenging circumstances a couple metals challen challenged, and aluminum is not going higher. be careful with alcoa. not having the breakout quarter i have been waiting for. frank in maryland, please. frank. >> caller: hi there, dean cramer, cramer's college of investor knowledge. >> i got tenure. i have to do a lot of fund-raising, that's the problem. i just want to teach. they keep making me make phone calls. what's up? >> caller: i'm interested in athletica. closed at 65. and great earnings and projected even better and stronger. but there are some people who think it won't hold up. what is your take on the future?
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>> i was up in boston, oh, in newbury and they were just opening a darn lulu lemon. have you a lot of room toeks pand. another one of those stocks that's in the sweet spot right now. people willing to pay a lot of money for that clothing and they pay a lot of money for nike and dick's and pay a lot of money for under armor. i think the stock works, best way to put it. pain at the pump? our economy is stronger now than it was then, and while i can come out and say you ain't seen nothing bad yet, right now, it's still pretty good and i think that's because we have genuine growth in this country and as long as we have it, it will trump what's going on at the pump. "mad money" right back.
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sometimes the most boring sounding events can clue you in to some of the most exciting growth stocks out there. take the health information management system society. hims annual conference, going on in las vegas this week. sounds like a real snooze fest, right? uh-uh. wrong. this is plenty exciting if you care about making money. it's all about the shift to
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electronic medical records, making health technology vendors one of the hottest vendors in the whole health care complex. it goes back to the stimulus package of 2009. love it or hate it, most of the stimulus ran out last year, except for incentives to switch to electronic medical records. they are eligible for a series of lump sum payments from the government. those that don't get hit with lower medicare and medicaid reimburstment rates. that's a huge store. play with allscrips ever since 2009 when it was trading $8.04. given us 135% gain and based on health information management conference this week, this space looks to be filled with opportunity. according to the himss, the am ambulatory care market has just a 30% penetration rate for
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electronic records. and allscripts is the leading layer, so they have a lot of doctors using the old-fashioned filing systems to convert. but they bought eclipsis which gave them a big hospital i.t. franchise, creating cross selling opportunities among doctors. but after the inline quarter all scripts reported after the close, a lot of investors are wondering whether this company can deliver on the high bookings growth. the problem? people expecting blowout results from allscripts especially since they set capital budgets in october and the fourth quarter is when they would split. the stock was pummeled, falling nearly 9% the next day. should we be worried? or can allscripts return to its record of performance?
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let's check in with ceo greg tollman. welcome to "mad money." >> great to be on. >> i'm used to blow outnumbers. you didn't make your guidance, what will get things back on track? >> i think first i would tell you that we did deliver on the guidance that we provided before the year started and then we jupt dated that guidance during the year, we actually came in right on the guidance and the bookings growth was 26%, we felt very good about the bookings growth as well. we also had very strong financial results, the fourth quarter, in excess of 100 million operating cash flow. we felt comfortable with the quarter and continue to see solid, consistent growth, which is what we advertised. >> i don't want to get people wrong and don't want them to think i did homework. i'm reading allscripts health care solutions, booking end march begins a bit short.
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mostly in line, guidance a little light. i'm not giving you a hard time because i woke up on the wrong side of the bed. actual ma actually, i had a good night's sleep. >> when you talk about the guidance, we said we want to give solid guidance, some call it conservative, and then we expect to there to be solid results going forward so what we look at, what happened in the quarter. if you look at the announcements we made as recently as today, you see consistent, strong growth in a whole variety of areas across acute, post acute, am ambulatory, and even in some of the newer areas we're seeing like the agreement with cvs minute clinics, the largest retail clinic operator in the country and rolling out nationally with them, and when you think about where health care is going. where is it going? toward retail health. great news, they have chosen allscripts and operating systems
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to become their operating systems. so we continue quarter in, quarter out, to deliver and we think that's how you win in the long run. >> what will wake up these doctors, the 70% that haven't availed themselves to allscripts. 50% of the big practices that seem -- that seem to be oblivious. what will make it so they realize that the clock is ticking? >> well, it's happening right now. in fact, secretary sebelius had an i don't recall in the local los angeles -- or i should say las vegas paper. she talked about the fact that it is happening, adoption has doubled. you mentioned the incentives. the nice thing, federal incentives that have come through are starting to spread to the private sector. so we see many payors putting in the own quality programs as well, and creating additional incentives so adoption is moving along, moreov moving along at a clip, and yet we still have more than half of the smaller,
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independent physician practices who have not yet adopted, allscripts strength right there we see continued strong growth, what earnings guidance projected. >> what was the competitive advantage that you offered versus competitors that you snared what is probably the most visibility piece of business out there? >> well, it is a visibility piece of business, we all know that health care is moving outside the four walls of the hospital, across the continuum of care. you need to be able to manage it that way, and minute inclick ute most recognized brand. why did she choose us? we are unique, we have an open system. it allows to you adam lakeses, just like an iphone, you can add apps on your iphone, or ipad. they liked the fact it was open, that they could continue to grow with it, and we developed a very close working relationship. they need a system that's fast,
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that their caregivers can use very effectively and that's what they found in our system. because, remember, this is tough stuff. physicians changing their work flow. not in a hospital environment, this is where you will see a lot of patients moving through. and they like the work flow of our system and that would be on our electronic health record. >> on the conference call, you cared about the united health group, they are replacing a fee for service payment model with a value based plan that compensates hospitals and physicians for reaching quality benchmarks. what about them allows them to see how they are doing against benchmarks? >> a great question. this is where we lead. health care moving from basket electronic health records. once we get doctors connected, we have to begin to turn this accounting system into an information system and provide them realtime analytics and provide them with the kind of information that allows them the
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insights to lead to better outcomes, that's what all of these organizations are doing. in fact, one of the interesting deals that we had this past quarter was an organization called consentra, recently acquired by humana, what they have done, selected allscripts to equip more than 300 of their urgent care centers. you look at where health care is moving, allscripts leading the way in terms of access to health care, but also in terms of the analytics, because health care is an information business. that's what we've talked about before. now we see that really coming to fruition and we're excited about it. our positioning is great. >> glen, sounds like things are on track. thank you for coming on the show. >> thanks, always a pressure pleasure. >> glen tolman, ceo of allscripts. a lot of doctors have not put
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in. they have to by 2015. a lot of that business will go to allscripts. stay with cramer. [ male announcer ] at scottrade,
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on a day like this one, like to fall back on stocks that are riding powerful, long-term themes. trends that work regardless of the market or the price of gasoline. a company that hits three major themes at the very least.
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herbalife. hlf. cramer fave that sells everything from protein shakes and energy drinks to vitamins and nutritional supplements. herbalife is a plan against obesity. it could affect 2.6 million around the world by 2016. they rely on part-time distributors across 79 countries to sell products and more people become sales reps when they have trouble finding work or need to augment income. and it's a terrific play on fast growing emerging markets. the directed selling model is the most efficient way to sell things in developing economies, especially true with weight loss products that are herbalife's bread and butter. people are more likely to buy with a face to face with a rep. lately, we have a bunch of reasons to be skeptical from tupperware and avon.
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when they didn't raise guidance, that was a shocker, but avon is pure disaster. it doesn't seem to be affecting herbalife. the company knocked it out of the park. they had 14 cents earnings with higher than expected revenues that rose 19.8% year over year, but herbalife gave upside sales guidance. and put 50% dividend boost, bringing the level up to 1.8%. and it's growing like a weed all over the world. the wonder stock surged $4.35. 7%. and herbalife is seeing fantastic gains over the years, stock up over 225%, since i first got behind it in november 2009, and i think there could be more room to run. let's talk to michael johnson, chair and ceo of herbalife, honest, terrific, nonprojectal and dead right the whole time. welcome back to "mad money."
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>> hi, jim. thank you. >> by the way, i got to tell you, not only firing on all cylinders, you actually withheld the two markets i'm most excited about, china and india, you were cautious on. trying to prep us for blowout numbers later, or your nature to be able to say, listen, those markets will be good, but not it yet. >> i think it's the latter, jim. these markets, when they are new to us, they go through an uptick, and kind of a surge, and then they straighten themselves out and as these two markets, especially india and china, get to the daily consumption model, to the idea that many distributors around the world have embraced, the club model, daily consumption, working with people on a daily basis, when we see the strong fundamental in place and a lot of metrics that track that, we'll get excited and you'll hear us talk more about it. >> okay. that's one of the reasons this story has multiple year legs if you can replicate mexico and
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india, wouldn't it be gigantic? >> we look at those metros all the time. those are the types of things that give us the belief that the runway is so huge. and part of us starts no see the per capita penetration in mexico in a place like india or china you and i will be talking a lot. >> yes, we are. obesity, underemployment, emerging markets, each quarter, i try to figure out which was the big trigger pullerful everything hit, right? >> well, we're at this incredible intersection. people are underemployed or unemployed and looking for extra money, full-time income or part-time income. our company has a great track record in both areas. obesity, t2 billion, 3 billion people around the world trying to fight weight. and half the world is trying to lose calories and others will receive them. we're sitting in the intersection of both. it's a luxurious place to be. >> allergan, trouble with the
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lap-band, weight watchers, what is different about your obesity product than a very good sophisticated company michaeler began and weight watchers? >> i think you and i have spoken about this before. it's the social model. you can come to a nutrition club, a personal coach, somebody work with you. nonpressured environment. we have weight loss challenges, a lot of different methods for losing weight and a terrific, terrific product. right amount of calories, right amount of nutrition. a great way to lose weight in a social atmosphere with people in the same situation as you, plus having a coach and guide, and potentially it becomes an opportunity for you to make a little money. >> look, for the first time i feel compelled, sales are that big and strong to ask you, you have to be taking shares. when you have an incredible number in the energy drink it has to be impacting other guys that i buy at retail. too big now. are you taking a share in that category? >> we think we are. we don't know the exact
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statistics. we think we are the largest seller of what they call a meal replacement shake, i think it's a great meal. we're one of the top users of soy protein. one of the ingredients in our shakes and whey protein, we're probably the dominant user in the world. whether we're taking share or creating share, i'm not sure. >> 6.5 independent reps work for avon. that company is falling apart. can you cherry pick their top people and tell them about your product and get them involved? >> we're not in that business. we're in the business of making sure our distributors do the best job they can without going after other distributors. we don't need to do that. smart people in these fields look at what we're doing, look at the income opportunity, the product, daily consumption model and come toward us when they think the time is right. >> central and south america. new distributors up 89% year over year.
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how do you do that? >> they look to the brothers and sisters up in mexico and adopted the daily consumption model. clubs going in. in santiago chile and panama city, panama, for two large conventions, we call them extravagan extravaganzas, and the energy and excitement is frankly unprecedented. >> one of the things i'm concerned about, but i feel are you a bit countercyclical. i am seeing hiring in this country. will it work against you that there will be mainstream companies hiring in north america? >> i think it will work against us when the obesity issue goes away. we don't see that any time soon. >> a good point. that's not going away. now, a company today, they used to knock on my door when i was growing up. full brush. i always felt would youer in wu them unless they knocked on the door. how many of you what are you doing, because you -- you personally have taken this
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cann company to develop product superior to others. herbalife, i used to think if they didn't knock on your door, it wouldn't sell. >> jim, if it's a product development question, we have a terrific team in here of doctors, scientists, researchers, doing research around the clock in this company. we are building our own manufacturing facilities, growing our own crops and we've got something very special that's taking place inside herbalife. vertical integration, seed to feed supply chain initiative. we are proud of our products. herbalife 24 sports line, nothing like it in the market. it's very sad about what you said about fuller brush. i had buddies that sold fuller brush in high school, college, made some money doing that. but that model is a different model than the one we have today. we're not knocking on doors. we have a lot of fixed space location where people are coming to distributors. our distributors reach out in the community, no doubt about it
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a different model. but it's sad. it's like kodak. >> i wanton people to underst p are you different. michael johnson, congratulations for everything you do for shareholders. i think we're still early, i'm not kidding. >> thanks, jim. we feel the exact same way and appreciate the opportunity to tell other story with you. thank you. >> great to talk to you. i don't know how many ceos have come on this show that has been bankable as he is. when his company was under atrack, completely falsely and wrong, he came on the show. one of the greatest buying opportunities in seven years. stay with cramer. medicare. it doesn't cover everything.
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it is time and time for the lightning round.
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sell, sell, sell, sell. buy. buy. buy. buy. and then the lightning round is over. are you ready, skedaddy. let's start with william from missouri. >> caller: ba ba ba booyah from cardinal nation. what do you think of acorn? >> interesting opthamological. but i would buy another. let's go to mary beth. >> caller: what do you think the future holds for united health? >> on fire. just on fire. unbelievable. pulled away from the pack. humana. the stock can work its way higher. i would like to catch it on a down day. >> jim, how are you? >> real good. how are you? >> caller: fine.
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this is john in florida. i would like to have your input on phn. >> i think you should buy toll brothers. if you buy a home builder, buy highest quality. i think a lot of people will downgrade home builders. i think toll is the class of the field. steven in new york. steven. >> caller: hey, jim. how are you. booyah! >> i got to get there. what's up? >> caller: sbs, the brazilian water company for years, value has more than doubled. recently made a big move. what do you think? >> my friend, you know more about it than i do. i got to come back. brazilian water company is not my strong suit. let me make notes, we'll come back and analyze it. it's on a hot streak. jean in virginia. >> caller: hi, jim. i would like your opinion on graph tech international. gti. >> it con found me why that
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stock is not doing better. energy solutions, people really like it i had come back and say i got to do more. involved in the steel business. a lot of guys downgraded steel stocks. let me come back and see if it's because problems in steel industry. let's go to doug in texas. >> booyah, from texas ranger country. >> yeah, i forgot. pitchers and catchers. looking good, rangers. what's going on? >> tal international group. >> a terrific situation way good yield and good momentum when it comes to transports. i prefer this to the rails. and that's a great idea. let's go to lovie in west virginia. >> caller: booyah, jim. what do you think? >> i love that enthusiasm. i want you to sell that one. i don't like it. yumana, gg, goldcorp reporting good numbers, superior to
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stillwater mining. let's go to chase in south carolina. chase. >> caller: good old booyah from charleston, south carolina. >> beautiful. i've been there and i like it. i'm not -- charleston, great college in charleston. greatest school. i love it. what's up? >> caller: i am looking at investing amendment of money to learn about the stock market and your tyke about zyratex. >> i refer emc, charitable trust. both very hot. but emc much cheaper. let's go to fred in illinois. >> caller: ba ba ba booyah. >> very spirited from illinois. >> caller: from st. charles, illinois. i'm in the middle of one of your books right now and i want to get into the game. >> all right.
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i sympathize. >> caller: diamond foods, could it change in management make it a buy? >> i got to -- reading one of my books, go back to real money, and what i say, a chart that says that i put on my computer, accounting regularities equal a sale? far be it to me to recommend that stock. i do like the emerald nuts and they are very good and i used some of their popped products. use their products, forget about the stock right now. and that's the end of the lightning round. [ male announcer ] what if you had thermal night-vision goggles, like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days,
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on a mediocre day like today, we're reminded of long-term themes who last through the good and the bad. that's why we play on my diversified. make sure your portfolio is the right mix this is where you call and tell me the top five holdings and i tell you if you are diversified or not. let's start with eric in california. what do you got for me? >> jim, this big-time fan of yours. listen, apple, chevron, kim
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errly clark, wynn, and enteda, and i was wondering if i am diversified or not for that. >> let's go to work. whichever ron, major oil company, real good. apple, one of our favorite companies. and wynn, i like the fact that they bought out the dissident casino, and kilmerly, great yielding and teva, the ceo on "squawk on the street." drug, oil, tech, entertainment, and consumer products. that is perfect diversification, which by the way, a very nice yield when it comes to kimberly and chevron. leon in pennsylvania. >> caller: hey, jim, a big booyah from southwestern pennsylvania. transplanted long islander here. long-time fans too.
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>> big marcellus shale booyah to you. >> caller: absolutely. i have apple, exxonmobil, united health group, mcdonald's, and proctor & gamble. >> let's get right to work. united health. large medical provider, doing very well by the way. missed that move, my bad. exxonmobil, largest oil company, not my favorite oil, but that's okay. no one ever got hurt owning exon. computer company apple, prock-to-& gproctor & gamble, and mcdonald's, these too much alike? no. technology, oil, health care, and i think that's diversified. everyone so wise to the game. linda in florida. linda. >> caller: hello, jim. big booyah to you from florida. >> good to have you, sunshine. >> caller: it is sun shining. am i diversified? >> okay.
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>> dac, opk, aa, mkc. and i want to thank you you -- oh, apple. aapl. i want to thank you for making us some money. >> all right. i've done well. i've done well and thank you very much. let's go to work here. >> caller: okay. >> mccormick, a perfect stay at home situation. i liked the quarter, a lot of people didn't. spice company, food. bank of america, bank. this is health care. alcoa, big industrial. and apple, we have three apples in a row. and we have tech, industrial, health care, we have bank, and we've got food, and that, again, is what we want and i -- perfect diversification, and doing quite well i might add. let's go to walt in new hampshire. >> caller: hey, booyah from concord, new hampshire. how are you doing? >> doing great, how about you?
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>> caller: doing great. i have domino's pizza, dpz. whirlpool, whr, at&t. and cyprus semiconductor, cy and fizer, fpfe. >> an interesting one. telco, nice yield, nice yield. whirlpool, nice yield, appliance, cyprus semi, a big buyback. domino's one complaint here if you use the apple app, you can't order the no cheese option. put that out. completely extraneous. restaurant, telco, drug, appliance, and tech. once again, perfection. congratulations to all players. stay with cramer. [ leanne ] appliance park has been here since the early 50s.
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my dad and grandfather spent their whole careers here. [ charlie ] we're the heartbeat of this place, the people on the line. we take pride in what we do. when that refrigerator ships out the door, it's us that work out here. [ michael ] we're on the forefront of revitalizing manufacturing. we're proving that it can be done here, and it can be done well. [ ilona ] i came to ge after the plant i was working at closed after 33 years. ge's giving me the chance to start back over. [ cindy ] there's construction workers everywhere. so what does that mean? it means work. it means work for more people. [ brian ] there's a bright future here,
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and there's a chance to get on the ground floor of something big, something that will bring us back. not only this company, but this country. ♪
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is there nothing we can do to lower gasoline prices. and are we hostage to the geopolitical tussle. until we get a resolution with iran's nuclear program, oil will mark inexorably higher? yes and no. we can't do anything right now. the president can't risk tapping the strategic oil reserve, it's meant to counteract a middle east shutdown. getting the price down in the future, i think it's totally within our reach. that's because the price of natural gas is crashing in this country. simply nowhere near enough of a demand to meet the massive supply. this morning, we called from
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chk, the company struggling. and the swashbuckling ceo is cutting back on natural gas drilling, but all for naught. last night, the ceo of eog resources told us that he thinks nalt gas could still come down hard from here and will stay down a long time to come. enter west port innovations, which priced 5.5 million shares 43 this morning. and west port is pumping up natural gas for pickups to heavy duty trucks. trucks are responsible for consuming 25% of the oil we import, if our government were simply to support siddize the program and have the trucking companies switch, we did the cash for clunkers, we could turn the tables on opec, lower the prices using cleaner, cheaper and increasdibly abundant fuel.
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republican candidates aren't talking about the opportunity. and other than one photo-op where we were called the saudi arabia of natural gas, nothing happening to encourage the switch. and other than west port and clean energy fuel, building a network of natural gas filling stations no, one doing anything meaningful to knock down the future price and helping america become less definite. honestly an odd itty. the subsidies are for electric cars. these west port engines still require stiff initial outlay. if we have the will and political wherewithal, we can lower the price of natural gas for good. we're embracing the stock. and it makes you realize we seem almost suicidal when it comes to saving ours from opec and the addiction for high-priced middle eastern oil. say good-bye to $3 gasoline for
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the duration. stay with cramer. $6 gas in florida. is obama to blame? mitt romneys tax cut and stocks up 24% since october. anything not moving forward... is moving backward. [ tires screech ] [ engine turns over, tires squeal ] introducing the 2013 gs, with the lexus enform app suite -- the most connected information and communication technology available in an automobile. [ engine revs ] the all-new 2013 lexus gs. there's no going back. see your lexus dealer.
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line dating services can get kind of expensive. so to save-money, i found a new way to get my profile out there. check me out. everybody says i've got a friendly disposition and they love my spinach dip. 5 foot ten. still doing a little exploring... on it. my sign is sagittarius, i'm into spanish cheese, my hairline is receding but i'm getting a weave. (falsetto chorus) getting a weave. who wants some ronald tonight!? geico. fifteen minutes could save you fifteen percent or more. get fired up. a brand new "american greed" tonight. see how a billionaire con man from minneapolis got people to believe his ea

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